Photo: FCA
According to an estimate by Morgan Stanley, the eVTOL market will be worth some $1.5 trillion by 2040. That’s a lot of dough coming our way pretty fast, and a lot of people and companies are already chasing after good chunks of it; including, as of this year, FCA.
The maker of Chrysler, Dodge, Jeep, and Ram vehicles tied itself into this emergent industry thanks to a partnership with a company called Archer. The California-based enterprise is planning to become the operator of the world’s first eVTOL (electric Vertical Take-Off and Landing Aircraft) airline and decided FCA is in the best position to help.
By the end of this year, Archer and FCA will be showing their first joined project, a fully electric aircraft whose cockpit design was partially handled by the auto company. The exact details for it have, of course, not been released, but there’s an image attached to this piece to give you an idea of what to expect. We are also being told the flying machine should be capable of achieving flight distances of up to 60 miles (96 km) at speeds of up to 150 mph (241 kph).
If all goes well, volume production of the eVTOLs should kick off in 2023, using FCA’s “low-cost supply chain, advanced composite material capabilities, and engineering and design experience.”
“Electrification within the transportation sector whether on roads or in the air is the future and with any new and rapidly developing technology, scale is important,” said in a statement Doug Ostermann, vice president and head of global business development of FCA.
“Our partnership with Archer has mutual benefits and will enable innovative, environmentally-friendly transportation solutions to be brought to market at an accelerated pace.”
Neither Archer nor FCA said when we should expect the prototype of the eVTOL to be shown in full, apart for the moment being scheduled later this year.
By the end of this year, Archer and FCA will be showing their first joined project, a fully electric aircraft whose cockpit design was partially handled by the auto company. The exact details for it have, of course, not been released, but there’s an image attached to this piece to give you an idea of what to expect. We are also being told the flying machine should be capable of achieving flight distances of up to 60 miles (96 km) at speeds of up to 150 mph (241 kph).
If all goes well, volume production of the eVTOLs should kick off in 2023, using FCA’s “low-cost supply chain, advanced composite material capabilities, and engineering and design experience.”
“Electrification within the transportation sector whether on roads or in the air is the future and with any new and rapidly developing technology, scale is important,” said in a statement Doug Ostermann, vice president and head of global business development of FCA.
“Our partnership with Archer has mutual benefits and will enable innovative, environmentally-friendly transportation solutions to be brought to market at an accelerated pace.”
Neither Archer nor FCA said when we should expect the prototype of the eVTOL to be shown in full, apart for the moment being scheduled later this year.
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